Mortgage lending standards have since tightened as mass foreclosures and mortgage market mayhem appears to be ahead.The Trump administration has found creative ways to prevent the foreclosure wave during the election year - which has placed millions of homeowners in forbearance programs to shift the mortgage crisis until after November. 

Property data and analytics firm CoreLogic published a new report Tuesday warning about early-stage delinquency rates are starting to rise. 

CoreLogic said on a national level, 7.3% of mortgages were 30+ days or more overdue (in May). This is a 3.7-percentage point increase in the overall delinquency rate compared to 3.6% in May 2019.

Stages of delinquency: 

Early-Stage Delinquencies (30 to 59 days past due): 3%, up from 1.7% in May 2019.

Adverse Delinquency (60 to 89 days past due): 2.8%, up from 0.6% in May 2019.

Serious Delinquency (90 days or more past due, including loans in foreclosure): 1.5%, up from 1.3% in May 2019. This is the first year-over-year increase in the serious delinquency rate since November 2010.